Orano has opened international arbitration proceedings against the State of Niger following the withdrawal of its mining license for IMOURAREN, dated 19 June 2024. This move comes after several months of unsuccessful attempts at mediation and conciliation. The announcement of the withdrawal of the license took place when Orano presented the State of Niger with …
Uranium One Group, a subsidiary of State Atomic Energy Corporation Rosatom. has announced its withdrawal from uranium projects in Kazakhstan. This decision coincides with Kazakhstan’s ongoing selection of operators for a consortium tasked with constructing the country’s first nuclear power plant. According to Kazatomprom (KAP), Uranium One Group has sold its 49.979% stake in the Zarechnoye joint …
Third-quarter 2024 U.S. production of uranium concentrate (U3O8) in the third quarter of 2024 totaled 121,296 pounds U3O8, a 24% increase from second quarter’s production of 97,709 pounds U3O8. This quarter’s total uranium production occurred at five facilities, three in Wyoming (Nichols Ranch ISR Project, Lost Creek Project, and Smith Ranch-Highland Operation) and two in …
Australia’s opposition leader, Peter Dutton, has unveiled a A$311 billion ($211bn) plan to introduce nuclear power into the country’s energy mix, a proposal that could radically alter the nation’s energy policy and its uranium mining industry. The scheme, based on an economic modelling by Frontier Economics, proposes the construction of seven nuclear power plants by 2050, …
Canada is examining the use of export taxes on major commodities it exports to the US — including uranium, oil and potash — if incoming President Donald Trump carries out his threat to impose broad tariffs. Export levies would be a last resort for Canada, according to officials familiar with the discussions inside Prime Minister …
Momentum for quitting Moscow’s revenue driver has stalled. “Something new needs to happen,” Dan Jørgensen told POLITICO. Dan Jørgensen is making it his “main priority” to craft a plan that will finally sever all European Union energy links with Russia. In his first interview since taking office as the EU’s new energy chief, Jørgensen warned …
Contracts Leverage DOE’s Buying Power to Establish a Secure Source of Low Enriched Uranium for U.S. Nuclear Power Plants As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today selected 6 companies from which it can sign contracts to procure low enriched uranium (LEU) in order to incentivize the …
The modular flexibility of Urenco’s advanced fuels’ operations was emphasised at the Nuclear Industry Association’s (NIA) Nuclear 2024 conference last week. Head of Advanced Fuels – Commercial, Magnus Mori, told a panel on allied fuel supply that both supportive Government policy and customer contracts were key to standing up the developing market. With regard to increasing …
[AFP] In the latest sign of a dramatic deterioration in relations, Niger’s military rulers appear increasingly determined to drive France out of any significant sector in their economy – and particularly uranium mining. This week the French state nuclear company Orano announced that the junta – which deposed France’s ally, President Mohamed Bazoum, in a …
Orano SA said Niger has taken operational control of the Somair uranium mine, in an escalating clash between the French state-controlled nuclear group and African nation’s military junta. The French company, which owns 63.4% of the Somair mine, plans to defend its rights, while keeping the door open for an accord with the Niger government, …
